Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia
Somalia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.2553 million SLC per person in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Somalia recorded 0.2553 million SLC per person for value added (total manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is up 1.0% on the previous year and up 46.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Somalia peaked at 0.2746 million SLC per person in 2017 and was at its lowest, 0.0703 million SLC per person, in 1994.
Somalia ranks 23rd of 194 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.1359 million SLC per person | — |
| 1971 | 0.152 million SLC per person | +11.8% |
| 1972 | 0.1526 million SLC per person | +0.4% |
| 1973 | 0.1393 million SLC per person | -8.7% |
| 1974 | 0.1095 million SLC per person | -21.4% |
| 1975 | 0.0986 million SLC per person | -10.0% |
| 1976 | 0.1254 million SLC per person | +27.2% |
| 1977 | 0.1477 million SLC per person | +17.8% |
| 1978 | 0.1162 million SLC per person | -21.3% |
| 1979 | 0.123 million SLC per person | +5.8% |
| 1980 | 0.1233 million SLC per person | +0.2% |
| 1981 | 0.1018 million SLC per person | -17.5% |
| 1982 | 0.1263 million SLC per person | +24.1% |
| 1983 | 0.0992 million SLC per person | -21.5% |
| 1984 | 0.0887 million SLC per person | -10.6% |
| 1985 | 0.0916 million SLC per person | +3.3% |
| 1986 | 0.0973 million SLC per person | +6.2% |
| 1987 | 0.0976 million SLC per person | +0.3% |
| 1988 | 0.0897 million SLC per person | -8.0% |
| 1989 | 0.0759 million SLC per person | -15.4% |
| 1990 | 0.0796 million SLC per person | +4.9% |
| 1991 | 0.0997 million SLC per person | +25.2% |
| 1992 | 0.088 million SLC per person | -11.7% |
| 1993 | 0.0911 million SLC per person | +3.5% |
| 1994 | 0.0703 million SLC per person | -22.9% |
| 1995 | 0.0738 million SLC per person | +5.0% |
| 1996 | 0.0807 million SLC per person | +9.4% |
| 1997 | 0.088 million SLC per person | +9.1% |
| 1998 | 0.0957 million SLC per person | +8.7% |
| 1999 | 0.1011 million SLC per person | +5.7% |
| 2000 | 0.1139 million SLC per person | +12.6% |
| 2001 | 0.1027 million SLC per person | -9.8% |
| 2002 | 0.1143 million SLC per person | +11.2% |
| 2003 | 0.127 million SLC per person | +11.1% |
| 2004 | 0.134 million SLC per person | +5.5% |
| 2005 | 0.143 million SLC per person | +6.7% |
| 2006 | 0.1445 million SLC per person | +1.1% |
| 2007 | 0.1505 million SLC per person | +4.1% |
| 2008 | 0.1568 million SLC per person | +4.2% |
| 2009 | 0.1625 million SLC per person | +3.7% |
| 2010 | 0.1697 million SLC per person | +4.4% |
| 2011 | 0.18 million SLC per person | +6.1% |
| 2012 | 0.1858 million SLC per person | +3.2% |
| 2013 | 0.1747 million SLC per person | -6.0% |
| 2014 | 0.1962 million SLC per person | +12.3% |
| 2015 | 0.2322 million SLC per person | +18.4% |
| 2016 | 0.2628 million SLC per person | +13.2% |
| 2017 | 0.2746 million SLC per person | +4.5% |
| 2018 | 0.274 million SLC per person | -0.2% |
| 2019 | 0.2717 million SLC per person | -0.9% |
| 2020 | 0.254 million SLC per person | -6.5% |
| 2021 | 0.2535 million SLC per person | -0.2% |
| 2022 | 0.2527 million SLC per person | -0.3% |
| 2023 | 0.2553 million SLC per person | +1.0% |
Somalia compared with similar countries
- Somalia's 0.2553 million SLC per person is above the median for low income countries, which is 0.0232 million SLC per person, 11.0× the median. (23 countries reporting)
- Somalia's 0.2553 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0338 million SLC per person, 7.5× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.13 million SLC per person | 0.0986 million SLC per person | 0.1526 million SLC per person | 10 |
| 1980s | 0.0991 million SLC per person | 0.0759 million SLC per person | 0.1263 million SLC per person | 10 |
| 1990s | 0.0868 million SLC per person | 0.0703 million SLC per person | 0.1011 million SLC per person | 10 |
| 2000s | 0.1349 million SLC per person | 0.1027 million SLC per person | 0.1625 million SLC per person | 10 |
| 2010s | 0.2222 million SLC per person | 0.1697 million SLC per person | 0.2746 million SLC per person | 10 |
| 2020s | 0.2539 million SLC per person | 0.2527 million SLC per person | 0.2553 million SLC per person | 4 |
Countries ranked near Somalia
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Somalia?
- Value added (total manufacturing) — value standard local currency in Somalia was 0.2553 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Somalia?
- The highest recorded value was 0.2746 million SLC per person in 2017.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Somalia?
- The lowest recorded value was 0.0703 million SLC per person in 1994.
- How does Somalia rank for value added (total manufacturing) — value standard local currency?
- Somalia ranks 23rd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Somalia?
- Over the last ten years it is up 46.2%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.